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The key superannuation and financial services stakeholders were neither informed nor consulted about the Government’s proposed one-year amnesty on employer superannuation guarantee non-payments.
Small businesses should be paid a 10 per cent rebate by superannuation funds to collect superannuation guarantee contributions, according to the small business lobby.
The Australian Securities and Investments Commission has cited the adverse impact of a sales culture in financial planning as it argues against revenue-based remuneration in small business lending.
The Australian Securities and Investments Commission was left with little discretion around the future of Dover Financial Services with the licensee exercising its right to act on its own initiative.
The Association of Financial Advisers is arguing that advisers who will be aged 55 or over as at 31 December, 2023 should not have to climb the same education mountain as their younger colleagues to remain in the advice industry.
